Nevada Ranks in Top 10 for Credit Card Debt in 2025

Total credit card debt in the United States has reached a staggering $1.21 trillion, marking a new record according to the Federal Reserve Bank of New York's latest household debt report. This collective burden translates to an average revolving balance of $6,523 per person nationwide.

Nevada stands out with an average credit card balance of $7,200 per resident, which exceeds the national figure by $677 and places the state firmly among the top-ten highest in the nation.

Leading the country in credit card debt is Washington, D.C., with an average balance of $7,684 per person. Alaska follows closely at approximately $7,700, and Hawaii at around $7,300, where elevated living costs contribute to greater reliance on credit. Additional states with higher credit card debt near Nevada's level include California, New Jersey, Maryland, Connecticut, Colorado, and Virginia, all with averages ranging from $7,000 to $7,400 per person.

States with higher average balances, like Nevada, typically provide consumers with larger credit limits exceeding $32,000. This expanded availability allows for more substantial revolving balances. In contrast, regions with lower debt tend to have more restrictive credit access.

At the opposite end, Wisconsin reports the nation's lowest average balance of $5,206, followed by Iowa at approximately $5,300 and West Virginia at around $5,500. Other low-debt states, including Mississippi, Arkansas, and Kentucky, maintain averages below $5,800 per person. These areas generally feature credit limits closer to $19,000 to $22,000.

As household credit card debt rises, the issue is rapidly moving from personal finance concern to major political battleground. Voters in high-debt states such as Nevada, increasingly cite rising interest payments and stagnant wages when explaining economic anxiety, giving both political parties powerful ammunition ahead of the elections. Proposals ranging from credit card interest rate caps to broader student loan and medical debt relief now carry extra weight in districts where the average family pays hundreds of dollars monthly just to service the interest payments. With delinquency rates beginning to climb, the record debt load ensures that consumer financial pain will remain a central theme in political debate through the next election cycle and beyond.